$ 1,295,000
-
$1,295,000
Price -
8
Bed -
5
Bath -
3,462
SqFt -
0.15
Acre
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About the Listing SR0168500 - SR175523031
Seize a rare opportunity to acquire a cash-flowing triplex in West Adams — one of Los Angeles' most dynamic and appreciating neighborhoods. This turnkey asset offers immediate upside: the main 4BD/2BA unit is ready to rent or live in with a 3BD/2BA second unit, and a 1BD/1BA rear unit — all with a private yards — maximizing rental income. Based on pro forma rents for the 4bd unit, the property offers an estimated Gross Operating Income of $106,680 and Net Operating Income of $80,455, reflecting a 12.14 GRM and a 6.2% cap rate. Located just 12 minutes from USC, and 15-25 minutes from most of the LA area, the property draws steady rental demand from the university-adjacent community as well as anyone who likes being 20 minutes from everywhere and steps from some of LA's most exciting new restaurants.
Listing Highlights for 2839 Hillcrest Dr
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances: Dishwasher, Refrigerator, Vented Exhaust Fan
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof:
- Others: Updated/Remodeled,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5057007019
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
2839 Hillcrest Dr Los Angeles, CA 90016
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